Wintrust (WTFC) closes the previously announced all-stock merger with Holland-based Macatawa.
Wintrust Financial Corporation WTFC reported mixed second-quarter financial results, after the closing bell on Wednesday.
Start Time: 11:00 January 1, 0000 12:06 PM ET Wintrust Financial Corporation (NASDAQ:WTFC ) Q2 2024 Earnings Conference Call July 18, 2024, 11:00 AM ET Company Participants Tim Crane - President and CEO David Dykstra - Vice Chairman and COO Richard Murphy - Vice Chairman and Chief Lending Officer David Stoehr - EVP and CFO Kate Boege - EVP, General Counsel and Corporate Secretary Conference Call Participants Jon Arstrom - RBC Capital Markets Casey Haire - Jefferies Terry McEvoy - Stephens Chris McGratty - KBW Brendan Nosal - Hovde Group Jeff Rulis - D.A. Davidson David Long - Raymond James Nathan Race - Piper Sandler Jared Shaw - Barclays Brandon King - Truist Operator Welcome to Wintrust Financial Corporation's Second Quarter and Year-to-Date 2024 Earnings Conference Call.
While the top- and bottom-line numbers for Wintrust (WTFC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Wintrust Financial (WTFC) came out with quarterly earnings of $2.32 per share, missing the Zacks Consensus Estimate of $2.40 per share. This compares to earnings of $2.38 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Wintrust (WTFC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
Wintrust (WTFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Growth prospects include exceptional loan growth, acquisition of Macatawa Bank, and sustainable dividend growth potential. Wintrust is a financial holding company with $57.57 billion in assets, expanding operations to other states. TBV per share is not affected too much by unrealized losses on AFS securities.